U.s. Health Care System

Decent Essays
U.S. Healthcare System On March 23, 2010, the President Obama signed the Patient Protection and Affordable Care Act (PPACA) which represents the most significant regulatory that impacts the U.S. healthcare systems. With PPACA, 32 millions of Americans are expected the coverage and expanded access to health care and medical care. Due to the baby boomers and the downfall of the economics, there will be millions of people are seeking for low rates medical care which will create great impact on U.S. healthcare. According to Commonwealth Fund analysis, the U.S. healthcare ranks last on every cost-related. Therefore, healthcare becomes the top social and economic problem that American is dealing with. Like all other well-developed countries, there are both private and public insurers in the U.S. health care system. ‘What is unique about the U.S. healthcare system in the world is the dominance of the private element over the public element’ (Chua, 2006). Healthcare system in the Unites States can be divided into three different groups: Medicare, Medicaid, and Managed Care. Each plan provides different coverages for different groups of people.
Revenue Sources According to the report conducted by Smith and Madelia, ‘the percentage of American with health insurance for all or part of 2013 was 86.6 percent, and the majority of individuals, 64.2 percent, were covered by private health insurance’ (2014). The majority of people who receive health insurance through their
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